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Kolkata Metro sets NEW ridership record: Breaking 15 percent of previous recordsNEW YORK (AP) — U.S. stocks rose to records Tuesday after Donald Trump’s created only some ripples on Wall Street, even if they could were they to take effect. The S&P 500 climbed 0.6% to top the it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after said he on Mexico, Canada and once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun from a two-decade high a couple months ago to offer support for the . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s earlier this month said they should lower rates gradually, according to released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said improved in November, but not by as much as economists expected. tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.
Stock market today: Wall Street hits records despite tariff talkInvestors with a lot of money to spend have taken a bearish stance on Cloudflare NET . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NET, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 8 uncommon options trades for Cloudflare. This isn't normal. The overall sentiment of these big-money traders is split between 37% bullish and 62%, bearish. Out of all of the special options we uncovered, 3 are puts, for a total amount of $123,510, and 5 are calls, for a total amount of $318,897. Expected Price Movements Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $80.0 to $155.0 for Cloudflare during the past quarter. Insights into Volume & Open Interest In today's trading context, the average open interest for options of Cloudflare stands at 164.86, with a total volume reaching 615.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Cloudflare, situated within the strike price corridor from $80.0 to $155.0, throughout the last 30 days. Cloudflare Option Volume And Open Interest Over Last 30 Days Largest Options Trades Observed: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume NET CALL SWEEP BEARISH 12/19/25 $10.2 $10.15 $10.15 $155.00 $153.7K 13 146 NET CALL SWEEP BULLISH 02/21/25 $24.35 $24.1 $24.33 $90.00 $60.8K 229 30 NET PUT TRADE BEARISH 01/17/25 $4.35 $4.3 $4.35 $112.00 $56.5K 0 131 NET CALL TRADE BULLISH 01/17/25 $3.85 $3.8 $3.85 $114.00 $38.5K 0 131 NET CALL TRADE BEARISH 12/19/25 $42.65 $41.8 $41.8 $80.00 $37.6K 159 9 About Cloudflare Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers. Following our analysis of the options activities associated with Cloudflare, we pivot to a closer look at the company's own performance. Present Market Standing of Cloudflare With a trading volume of 981,147, the price of NET is down by -1.05%, reaching $111.5. Current RSI values indicate that the stock is may be approaching overbought. Next earnings report is scheduled for 45 days from now. Professional Analyst Ratings for Cloudflare In the last month, 4 experts released ratings on this stock with an average target price of $129.0. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access .* An analyst from Morgan Stanley upgraded its action to Overweight with a price target of $130. * An analyst from Jefferies has decided to maintain their Hold rating on Cloudflare, which currently sits at a price target of $125. * An analyst from Mizuho has decided to maintain their Neutral rating on Cloudflare, which currently sits at a price target of $125. * An analyst from Stifel has elevated its stance to Buy, setting a new price target at $136. Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cloudflare options trades with real-time alerts from Benzinga Pro . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NoneSanctuary Advisors LLC Boosts Stock Position in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)
Georgia QB Carson Beck declares for 2025 NFL Draft
MCLEAN, Va.--(BUSINESS WIRE)--Nov 21, 2024-- Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of consulting firm Booz Allen Hamilton Inc., announced today that it has appointed Debra L. Dial to the Board of Directors, effective January 2, 2025. Dial is the former Senior Vice President, Chief Accounting Officer, and Controller of global telecommunications company AT&T Inc. (NYSE: T). She previously served as Vice President of Finance for AT&T Capital Management, where she was responsible for capital allocation, budgeting, and governance, and as Chief Financial Officer for the AT&T Chief Information and Technology Officers. Prior to joining AT&T in 1996, Dial spent ten years with KPMG’s audit practice. With more than 25 years of experience, Dial brings deep expertise in long-term financial and business planning, reporting, digital transformation, and related operations, helping leading organizations deliver long-term shareholder value as they innovate at scale. She will serve on the board’s Audit Committee. “Debbie’s business acumen and perspective will be highly valuable as Booz Allen continues to invest and grow in a dynamic, fast-paced market,” said Horacio Rozanski, Chairman, CEO and President of Booz Allen. “I look forward to her contributions to our collaborative board and to the work we do on behalf of Booz Allen’s stockholders, business, and people.” Dial is a Certified Public Accountant with a Bachelor of Business Administration degree in accounting from the McCombs School of Business, University of Texas at Austin. She has served on the board of directors of Dow Inc. (NYSE: DOW), a materials science manufacturer, since April 2021, and on the board of directors of Hubbell Inc. (NYSE: HUBB), a utility and electrical solutions manufacturer, since July 2023. She is a member of the Financial Accounting Standards Advisory Council (FASAC). About Booz Allen Hamilton Trusted to transform missions with the power of tomorrow’s technologies, Booz Allen Hamilton advances the nation’s most critical civil, defense, and national security priorities. We lead, invest, and invent where it’s needed most —at the forefront of complex missions, using innovation to define the future. We combine our in-depth expertise in AI and cybersecurity with leading-edge technology and engineering practices to deliver impactful solutions. Combining 110 years of strategic consulting expertise with the perspectives of diverse talent, we ensure results by integrating technology with an enduring focus on our clients. We’re first to the future—moving missions forward to realize our purpose: Empower People to Change the World ®. With global headquarters in McLean, Virginia, our firm employs approximately 35,800 people globally as of September 30, 2024, and had revenue of $10.7 billion for the 12 months ended March 31, 2024. To learn more, visit www.boozallen.com . (NYSE: BAH) BAHPR-CO View source version on businesswire.com : https://www.businesswire.com/news/home/20241121820381/en/ CONTACT: Media Relations: Jessica Klenk,Klenk_Jessica@bah.com Investor Relations:Investor_Relations@bah.com KEYWORD: VIRGINIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: DEFENSE SECURITY TECHNOLOGY SOFTWARE GOVERNMENT TECHNOLOGY ARTIFICIAL INTELLIGENCE HARDWARE SOURCE: Booz Allen Hamilton Holding Corporation Copyright Business Wire 2024. PUB: 11/21/2024 04:30 PM/DISC: 11/21/2024 04:30 PM http://www.businesswire.com/news/home/20241121820381/enA judge has once again rejected Musk’s multi-billion-dollar Tesla pay package. Now what?
With an array of funky, quirky, elegant floats, we gave a look at what might get people buzzing on Rose Parade day, Jan. 1. Here is a glimpse at some possible talkers. Share this: Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window) Click to print (Opens in new window) Click to email a link to a friend (Opens in new window) Click to share on Reddit (Opens in new window) Report an error Policies and Standards Contact Us Most Popular Miss Manners: Apparently I was too harsh in telling her how the phone works Miss Manners: Apparently I was too harsh in telling her how the phone works Asking Eric: I want to stand up to my snotty nephew, but what will the family think? Asking Eric: I want to stand up to my snotty nephew, but what will the family think? Rickey Henderson, the greatest Oakland A’s player of all time, has died at age 65 Rickey Henderson, the greatest Oakland A's player of all time, has died at age 65 Dear Abby: Please tell my wife that 20 beds is too much for 2 pets Dear Abby: Please tell my wife that 20 beds is too much for 2 pets Harriette Cole: He called me privileged, and it really struck a nerve Harriette Cole: He called me privileged, and it really struck a nerve Miss Manners: I don’t know what to make of the surprise wedding invitation Miss Manners: I don't know what to make of the surprise wedding invitation Dear Abby: His parents liked me just fine until he blabbed our private business to them Dear Abby: His parents liked me just fine until he blabbed our private business to them Dear Abby: I’m fed up with my boyfriend showing off our house to strangers Dear Abby: I'm fed up with my boyfriend showing off our house to strangers Steve Kerr sent a message to Warriors in highlighting one key play vs. Timberwolves Steve Kerr sent a message to Warriors in highlighting one key play vs. Timberwolves Dear Abby: I’m so hurt by what my husband said about pregnant women Dear Abby: I'm so hurt by what my husband said about pregnant women Trending Nationally Party City immediately closing all stores after 38 years in business Conflicting images of Luigi Mangione create dual narratives of UnitedHealthcare CEO shooting suspect Pilots start job searches as airline hiring slows and cutbacks hit Spirit, JetBlue Discount retail chain Big Lots to start ‘going out of business’ sales at all stores nationwide KFC’s new ‘Saucy!’ concept restaurant to open in FloridaThe Washington Commanders put kicker Austin Seibert on injured reserve Tuesday, just over 48 hours since he missed an extra point that would have tied the score with 21 seconds left against Dallas. Seibert also missed a field-goal attempt and another extra point in the loss to the Cowboys. He missed the previous two games with a right hip injury but said afterward he was fine and made the decision to play. The Commanders filled that roster spot by signing running back Chris Rodriguez Jr. off their practice squad. Austin Ekeler had a concussion and Brian Robinson Jr. sprained an ankle Sunday. AP NFL:Palantir Technologies Inc. ( NASDAQ:PLTR – Get Free Report )’s share price was down 0.1% during trading on Thursday . The company traded as low as $81.30 and last traded at $82.28. Approximately 23,096,170 shares were traded during trading, a decline of 62% from the average daily volume of 61,552,875 shares. The stock had previously closed at $82.38. Analyst Upgrades and Downgrades A number of analysts recently weighed in on PLTR shares. Argus downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. Northland Securities increased their target price on shares of Palantir Technologies from $35.00 to $38.00 and gave the stock a “market perform” rating in a report on Tuesday, November 5th. Wedbush lifted their price target on shares of Palantir Technologies from $57.00 to $75.00 and gave the stock an “outperform” rating in a research report on Monday, November 25th. UBS Group initiated coverage on shares of Palantir Technologies in a research report on Thursday, December 19th. They issued a “neutral” rating and a $80.00 price objective for the company. Finally, Mizuho lifted their target price on Palantir Technologies from $37.00 to $44.00 and gave the stock an “underperform” rating in a report on Friday, December 13th. Six research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Hold” and a consensus target price of $41.00. View Our Latest Report on PLTR Palantir Technologies Trading Down 3.7 % Palantir Technologies ( NASDAQ:PLTR – Get Free Report ) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $725.52 million during the quarter, compared to analysts’ expectations of $705.11 million. Palantir Technologies had a net margin of 18.01% and a return on equity of 9.94%. The company’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.03 earnings per share. On average, sell-side analysts expect that Palantir Technologies Inc. will post 0.21 earnings per share for the current year. Insider Buying and Selling at Palantir Technologies In other Palantir Technologies news, insider Shyam Sankar sold 5,250,000 shares of Palantir Technologies stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $70.08, for a total transaction of $367,920,000.00. Following the completion of the transaction, the insider now directly owns 752,786 shares of the company’s stock, valued at $52,755,242.88. The trade was a 87.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Peter Thiel sold 4,181,118 shares of the stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $36.91, for a total transaction of $154,325,065.38. Following the completion of the transaction, the director now directly owns 38,502,451 shares in the company, valued at $1,421,125,466.41. The trade was a 9.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 27,361,841 shares of company stock worth $1,563,283,006 over the last 90 days. Company insiders own 12.93% of the company’s stock. Hedge Funds Weigh In On Palantir Technologies Several institutional investors and hedge funds have recently made changes to their positions in PLTR. Charles Schwab Investment Management Inc. boosted its stake in Palantir Technologies by 60.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 12,387,040 shares of the company’s stock valued at $460,798,000 after purchasing an additional 4,667,955 shares during the period. State of Alaska Department of Revenue boosted its position in shares of Palantir Technologies by 22.9% in the third quarter. State of Alaska Department of Revenue now owns 370,625 shares of the company’s stock valued at $13,786,000 after acquiring an additional 68,945 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of Palantir Technologies by 19.2% in the third quarter. Oppenheimer & Co. Inc. now owns 541,567 shares of the company’s stock valued at $20,146,000 after acquiring an additional 87,062 shares in the last quarter. Tyler Stone Wealth Management increased its position in Palantir Technologies by 97.9% during the third quarter. Tyler Stone Wealth Management now owns 202,006 shares of the company’s stock worth $7,515,000 after acquiring an additional 99,921 shares during the period. Finally, Coldstream Capital Management Inc. acquired a new stake in Palantir Technologies in the 3rd quarter worth about $639,000. Institutional investors and hedge funds own 45.65% of the company’s stock. Palantir Technologies Company Profile ( Get Free Report ) Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies. Further Reading Receive News & Ratings for Palantir Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palantir Technologies and related companies with MarketBeat.com's FREE daily email newsletter .
Union City Commissioner resigns, vacates seat for next term
Jammu and Kashmir Chief Minister Omar Abdullah visited his Assembly constituency, Ganderbal, on Saturday to take stock of the situation in the aftermath of snowfall, officials said. Abdullah visited his constituency to assess the situation first-hand and monitor the district administration's efforts to provide relief to people, they added. ET Year-end Special Reads Take That: The gamechanger weapon's India acquired in 2024 10 big-bang policy moves Modi government made in 2024 How governments tried to rein in the social media beast The officials said the chief minister paid an unannounced visit to the district hospital to assess its preparedness in providing healthcare services. He interacted with the hospital staff as well as patients and their attendants, and emphasised the importance of ensuring uninterrupted medical services, the officials said. They said the chief minister also enquired about the heating arrangements at the hospital, and the availability of staff, essential medicines and other facilities. Later, he visited the mini-secretariat complex and took stock of the situation across the Union Territory from the deputy commissioner's office at Ganderbal, the officials said. 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He directed the officers to take swift action to ensure uninterrupted essential services after the snowfall, the officials said. Talking to reporters in Ganderbal, Abdullah said he visited Ganderbal to ensure that people do not face much hardships due to the snow. "I wanted to ensure that the snow-clearance operations on roads were sped up and electricity was restored wherever the lines were snapped. I also wanted to take stock of hospital and essential services," he said. The chief minister said he is monitoring the situation in other districts of the valley as well. "There are places where electricity has been affected due to snowfall and that would be restored by Saturday evening. Efforts are also on to clear the roads that are blocked due to snow," he said. Asked about the restoration of water supply in certain areas, the chief minister said wherever the supply can be restored immediately, it would be done, and wherever it would take time, water tankers would be made available. 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Joe Biden begins final White House holiday season with turkey pardons for 'Peach' and 'Blossom'Published 23:26 IST, December 28th 2024 An NRI onboard a train in Finland raised a debate over civic sense at public places as he questioned the conduct of a family for being very loud. New Delhi: There is one family in the otherwise quiet train that’s being very loud, we really don't get civic sense, said an NRI who did not the like the conduct of an Indian family on a public transport in Finland questioning ‘do Indians understand civic sense’. Onboard a train in Finland, an NRI who goes by name Gokul sparked a debate on social media questioning lack of civic sense among the people. Taking to X, Gokul wrote, “I'm on a train from Lapland to Helsinki and there's one family in the otherwise ULTRA QUIET carriage that's being very loud, talking to someone over a video call. In Hindi. With their cabin doors open.” “We REALLY don't get civic sense, do we,” he asked. In another tweet, Gokul informed, “Ironically the video I was watching just now was about how speaking on the phone is very frowned upon in the Tokyo metro because it's poor manners...” Further sharing his experience, Gokul added, “6 hours after the train ride... Same family behind me in the restaurant we are at. Same video call without headphones. Good lord...” Reacting to Gokul's criticism, a user on X with name Llama Llama replied to him saying, “Easier to stop by and request them to close the door and lower their voice?” Responding to Llama Llama, Gokul said, “Yup I'm gonna do that but there shouldn't even be a need for this, is my point... no part of India is immune to this... except (from what I hear) the north east." Pitching into the debate, another user on X by the name George Molak wrote, “Spot on.. some Indians are great and settle into the environment while few others dont care. I think all cultures are like this and having Indian heritage, we judge Indian culture more than others??” Another X user Akash Jain questioned Gokul for raising the matter on social media rather than educating them and said, “And you chose to post on X rather than educating them to be quiet. Might be their first time on foreign land and out of excitement... as a concerned Indian you must have told them the etiquettes politely... posting on X will not improve the situation." “Even in best of trains in North of India, not sure if this is prevailing in rest of India, it's common sight, people having full conversation high volume, & watching video content without ear phones. No respect for fellow passengers!!!” wrote a user on X who goes by the name Aleem. As the conversation continued further, another X user with the name ‘I am Space’ said stop judging people all the time. "I agree that we don’t have a civic sense as good as people in other countries but there’s nothing wrong with being loud on a train. Let the family enjoy their holiday and stop judging people all the time.” MishA, a user on X also wrote, “I would request not to generalize and demean Indians due to the loud behaviour of one family. If you are an Indian, you did a shameful act by posting this & telling the world that Indians behave like this.” Get Current Updates on India News , Entertainment News along with Latest News and Top Headlines from India and around the world. Updated 23:31 IST, December 28th 2024
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